JPMorgan to pay $75M to settle Jeffrey Epstein lawsuits with US Virgin Islands

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JPMorgan to pay $75M to settle Jeffrey Epstein lawsuits with US Virgin Islands
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JPMorgan Chase agreed on Tuesday to pay the US Virgin Islands $75 million to settle a lawsuit alleging the Wall Street behemoth enabled Jeffrey Epstein’s sex trafficking ring by “knowingly” i…

JPMorgan Chase agreed on Tuesday to pay the US Virgin Islands $75 million to settle a lawsuit alleging the Wall Street behemoth enabled Jeffrey Epstein’s sex trafficking ring by “knowingly” ignoring red flags related to Epstein’s accounts at the investment bank.

“As part of the settlement, JPMorgan has agreed to implement and maintain meaningful anti-trafficking measures, which will help prevent human trafficking in the future,” USVI Attorney General Smith said in a press release.

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